Hamaspik Choice Inc

Organization Overview

Hamaspik Choice Inc is located in Monsey, NY. The organization was established in 2013. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Hamaspik Choice Inc employed 249 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hamaspik Choice Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Hamaspik Choice Inc generated $111.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $88.2m during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HAMASPIK CHOICE IS COMMITTED TO EXCELLENCE IN PROVIDING ACCESS TO QUALITY-DRIVEN HEALTH CARE COVERAGE IN A CULTURALLY-SENSITIVE, TIMELY AND RESPONSIVE MANNER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HAMASPIK CHOICE IS A MANAGED LONG TERM CARE PLAN THAT PROVIDES ELIGIBLE MEMBERS WITH HEALTHCARE-RELATED PRODUCTS AND SERVICES, ON A PARTIALLY CAPITATED BASIS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Community Home Health Care
Medical And Health Care
$16,142,529
Hamaspik Care Inc
Medical And Health Care
$5,788,742
Priority Home Care
Medical And Health Care
$3,440,605
Unlimited Care Inc
Medical And Health Care
$5,141,591
Preferred Home Care
Medical And Health Care
$4,954,673
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,910,392
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,910,392
Total Program Service Revenue$107,292,920
Investment income $62,633
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $111,265,945

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